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20121112
20121120
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when you saw nancy pelosi out there. you saw john boehner out there saying we are hopeful we can get a deal done. and the market had a positive reaction to that. yet it lost that upside throughout the day, teetered back and forth between positive and negative territory. finally, closing the day out positive, so perhaps that suggests that maybe we are a little bit closer. but here's the thing, randi, they've got to get something done. they've got to solve this issue. because if not, the consequences are severe. >> but you listen to some people, and they suggest that fears of fallen off the cliff are overblown. what are the real consequences here? >> the real consequences are another recession. i mean, i can tell you every ceo that i'm talking to right now says i'm not making major decisions. i'm waiting. i'm standing by the sidelines. i can't hire a lot of people, i can't invest in a lot of infrastructure because i don't know what the landscape is going to be in the next 45 days. i don't know what the landscape is going to be in the next three months. so there's a lot of holdup. now,
cliff issue. we have new comments from nancy pelosi on the fiscal cliff today. let's listen to that. >> would you accept a deal that does not include tax rate increases for the wealthy. we have seen a possible compromise that would leave rates the same but cap deductions for top earners? >> no. the president made it clear there are not enough -- what you described is a formula and a blueprint for hampering our future. >> what do you think? does this mean a deal will not get done? >> i think there is desire on both sides to get a deal done. that doesn't mean we will see one. both sides are taken the election to mean that the american people want action. the president has taken it to mean the american people endorsed his so-called balanced approach to balancing the budget. and we saw spirited koopg with the leaders coming out after the meetening a now they mr. get down to the details where to make cuts and revenue increases and can do you do it by just closing loopholes, is that enough or do you have to talk about tax rates in particular think tax rating for the wealthy. that's is whe
Search Results 0 to 3 of about 4 (some duplicates have been removed)